Posts Tagged ‘Momentum’

EURGBP: Continued Loss Of Upside Momentum Highlights The 0.8970/0.8832 level

With continued upside failure the past week seeing the cross trading and closing lower for a second consecutive week on Friday, risk has turned to the 0.8970 level, its Nov 25’09 low with a loss of there turning attention to its Nov 17’09 low at 0.8832. The latter level is…

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